Trump's guilty verdict caused a short-term plunge in the meme token market

After Trump was found guilty, Trump-related tokens experienced a brief decline, but quickly recovered. Meanwhile, meme tokens associated with Trump's political opponent Joe Biden (Jeo Boden $BODEN) briefly rose 6.4% in the 15 minutes after the news broke, and then fell back.

The meme token most associated with US presidential candidate Donald Trump plunged 16% after he was convicted of 34 felony counts of falsifying business records, but soon recovered.

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